Commission President Bettye Fine Collins and Commissioners Jim Carns and Bobby Humphryes voted for the resolution. It doesn not mean the county is ready to borrow money now, they said ...

Backers contend that borrowing the money will help offset the need to rely on the city’s reserves. Skeptics say they’re not convinced that the city needs to incur the $20 million in interest ...

What happened: The board will consider a resolution at the March 20 meeting ... and maintained the savings for capital needs, it can borrow $45 million without raising taxes, Stadel said.

Financing for major repairs to Kenner's sewerage system could move a step forward Thursday night when the City Council considers a resolution announcing its intent to borrow $35 million.

Jim Vondruska/Sun-Times Share The City Council authorized a massive $1.25 billion borrowing plan for economic ... “freaking brilliant,” arguing the money will be more than recouped by property ...